Maduro backtracks on elimination of 100-bolivar bill as looting erupts

Monday, December 19th 2016 - 09:55 UTC

Full article 3 comments

Venezuela's President Nicolas Maduro reversed his decision to ban from circulation the 100-bolivar bill and gave the notes, which are worth between US$ 0.02 and 0.04 according to varying quotations, a two-week grace. The bills can now be used until January 2, Maduro said. Read full article

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ChrisR
I take it the toilet paper shortages are a thing of the past then?
Dec 19th, 2016 - 01:44 pm - Link - Report abuse +1
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Kanye
A human tragedy of epic proportions.

Victims of human greed, in the name of ideology.

The Bolivarian Socialist utopia.

Under Evita Kirchner, Argentina would have been next. Might be too late now, anyway.
Dec 19th, 2016 - 03:07 pm - Link - Report abuse +2
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Idlehands
The obvious temporary solution is to adopt the USD. I'd love to see Maduro announce that. He'd be whispering it under his breath while trying not to have a heart attack.
Dec 19th, 2016 - 03:18 pm - Link - Report abuse +2
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